Which of the following best describes why firms choose to create codes of ethics?

A. Companies must have a written code of ethics in order to conduct interstate commerce in the U.S.
B. They allow firms to create a formal set of expectations for employees who may have different sets of personal values.
C. Because most people will not behave ethically without a written set of guidelines.
D. Codes of ethics protect firms against lawsuits that may be filed due to corporate fraud.


Answer: B

Business

You might also like to view...

Which of the following guidelines does not enhance the usefulness of projective techniques?

A) Projective techniques should be used because the required information cannot be accurately obtained by direct methods. B) Projective techniques should be used for exploratory research to gain initial insights and understanding. C) Given their complexity, projective techniques should not be used naively. D) none of the above

Business

______ include explicit organizational rules and procedures as well as governmental laws, and also implicit norms about “how we do things around here” that are well known and typically followed in an organization or society.

What will be an ideal response?

Business

In the United States, __________ provides more than 50 percent of electrical power.

Fill in the blank(s) with the appropriate word(s).

Business

Some people believe there is less reason for workers to join unions today for each of the following reasons except:

a. there is a minimum wage. b. there are laws that require safe working conditions. c. there are more equal employment opportunities today than in the past. d. there are laws that require employers to offer health insurance and retirement benefits.

Business